New CMAI Analysis Predicts Growth in Asia

Houston, TX, November 28, 2007—Chemical Market Associates Inc. has completed its 2008 World Nylon Fibers & Feedstocks Analysis, an annual global study that covers the future outlook and historical perspective for nylon intermediates, nylon textile, industrial, carpet fibers and engineering thermoplastics markets from 2002 to 2012.

The analysis examines major issues and trends that will have a significant impact on global nylon markets. In-depth insight regarding capacity, supply, demand, trade, prices, production costs and profitability is included.

According to the study, as the growth and profitability of nylon fibers is declining, many companies will continue to divest nylon fiber assets from their portfolios. CMAI predicts that Asia will be the only location where any meaningful capacity will occur. As downstream nylon mill demand increasingly shifts to Asia, assets in North America and West Europe will face growing competitive difficulty.